Global Sources' largest-ever spring China Sourcing Fair: Electronics & Components sold out two months before opening date Event kicks off series of trade shows to be held in six global sourcing hubs this year
Global Sources (NASDAQ: GSOL) announced today that booths at its China Sourcing Fair: Electronics & Components have been sold out two months before the event which runs April 12-15 at AsiaWorld-Expo in Hong Kong. The show will feature over 2,750 booths, representing the company's largest-ever spring Fair for electronics.
President of Global Sources Exhibitions, Tommy Wong, said: "Industry experts estimate that China exported US$940 billion worth of electronics and related products in 2010, representing year-on-year 30 percent growth. Growing demand for booth space is a sign of strong growth in China's electronics export industry. It also shows that this event continues to grow in popularity due to the excellent results they deliver for exhibitors.
"The Fair has steadily grown as they have built a strong reputation among quality buyers and suppliers.Booths are up 11 percent at this event with growth coming from both new and returning exhibitors."
More than half of exhibitors at the Fair are from mainland China. Others are from Hong Kong, Taiwan and other regional manufacturing centers giving buyers the chance to view competitive electronics products from across Asia at a single event.
Specialized pavilions showcase hottest electronics products
Highlights of the April 2011 show include an iProduct accessories pavilion. Expanded this spring by 20 percent, it showcases the latest iPhone, iPad and iPod accessories. Global Sources will also launch new pavilions featuring tablet and mobile devices and accessories, and bags and cases for computer and electronics products.
Other product pavilions at China Sourcing Fair: Electronics & Components will feature computer peripherals, computer terminals, networking products, personal digital electronics, consumer electronics and accessories, in-car electronics and GPS, home entertainment and equipment, electronic components, LED displays and opto-electronics, interconnection technology, power supplies, telecom and wireless products, and mobile phones.
The April Fair is set to attract tens of thousands of top buyers from around the world. More than 32,000 buyers from 147 countries and regions attended the fall 2010 electronics show. Attending buyers include Auchan, Best Buy, Bosch, Carrefour, Canon, CCTV Direct, Coles Group Asia, Fujitsu, LEXIBOOK, Lexmark, Logitech, LOTTE Mart, Li & Fung, Mitsubishi Electric, NEC and Philips.
Fair to take place in six major sourcing hubs in 2011
China Sourcing Fair: Electronics & Componentswill be held in six major sourcing hubs in 2011. The April Fair in Hong Kong kicks off a global tour that will take the popular trade show to Dubai, Miami, Mumbai, Singapore and Johannesburg, giving buyers across the world convenient access to quality products from Greater China.
"Suppliers in China should balance their sales efforts towards both developed and emerging markets.Each China Sourcing Fair is strategically located to give suppliers access to buyers in markets with the strongest sales potential for their products," Wong said.
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About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 967,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 240 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on over 4.7 million products and more than 262,000 suppliers annually through 14 online marketplaces, 13 monthly print and 18 digital magazines, over 80 sourcing research reports and 20 specialized trade shows which run 57 times a year across nine cities. Suppliers receive more than 192 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com) alone.
Global Sources has been facilitating global trade for 40 years. Global Sources' network covers more than 60 cities worldwide. In mainland China, Global Sources has about 2,700 team members in more than 40 locations, and a community of over 2 million registered online users and magazine readers for its Chinese-language media.
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AsiaWorld-Expo has emerged as one of the world’s leading EXPOtainment venues, offering over 70,000 square metres of rentable space that is comprised of 10 state-of-the-art, ground-level and column-free exhibition halls including the Arena – the biggest indoor seated venue in Hong Kong with a maximum capacity of 14,000. Strategically located at the heart of a multi-modal transportation hub and adjacent to the Hong Kong International Airport and Hong Kong-Zhuhai-Macao Bridge. AsiaWorld-Expo, with a convenient and in-venue MTR station, enjoys efficient transport connection to Guangdong-Hong Kong-Macao Greater Bay Area and other global regions.
With a proven track record of successes, AsiaWorld-Expo has received a number of accolades, namely the “Best International Venue” at the coveted Exhibition News (EN) Awards organised by Mash Media, a leading UK media for MICE in partnership with UFI, and the “Outstanding Venue Award” presented by The Asian Federation of Exhibition and Convention Associations (AFECA). For 8 consecutive years, AsiaWorld-Expo has been named as the “Best Convention & Exhibition Centre in Asia Pacific” by the prestigious CEI Asia magazine.
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